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  • These who do carry out official engagements on behalf of the monarch are sometimes described as “working royals”.

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This is as a outcome of house prices could be affected by numerous related elements. You can discover out the average asking value in your space by checking our monthly house worth index. In May 2026, the common worth of property coming to market on Rightmove rose to £378,304. Signal in to trace properties and unlock all the property benefits and insights Rightmove prohibits the scraping of its content material. We’ll help you discover your dream property in the proper location.

The King additionally privately owns Sandringham Home in Norfolk and Balmoral Citadel in Aberdeenshire, that are his private property, inherited from Elizabeth II. The Palace of Holyroodhouse and Hillsborough Castle serve as official royal residences when the monarch is in Scotland or Northern Eire, respectively. Each Buckingham Palace and Windsor Castle, the monarch’s weekend residence in Berkshire, are used to host state visits. The monarch additionally receives the income of the Duchy of Lancaster, and the Prince of Wales receives the revenue of the Duchy of Cornwall. Senior members of the royal family, who characterize the monarch, draw their revenue from public funds generally recognized as the Sovereign Grant, an annual payment of the British government to the monarch. Given the royal family’s public role and activities, it is sometimes referred to by courtiers as “The Firm”, a time period that originated with George VI.

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